Brick 4/2 with 2,200 sf in Kissimmee

This 4-bedroom, 2-bathroom single-family home is located in Kissimmee, FL 34746. Built in 1955 with block construction, the property has 2,243 sq. ft. of living area and sits on a highly desirable 15,681 sq. ft. (0.36-acre) lot with no HOA and no pool.

🛠️ Rehab Scope (Estimated)

• Trash-Out
• Systems: Roof, HVAC, and plumbing ages are unknown; budget for replacement or tuning
• Interior: Modernize the kitchen, both bathrooms, flooring, drywall, and fixtures. To achieve top-tier ARV, the interior finish must be highly modernized to overcome the 1950s age objection.
• Exterior: Pressure wash the block,  full landscaping clean-up.

🟣 Comparable Sales

1. 1914 Ellery Ln – 3/2 | 1,429 sf | Lot: 7,405 sf | Built: 1992 | Sold $345,000 ($241/sf) | 10/08/2025 | ~1.1 miles away (Closest older non-pool comp in 34746)
2. 2525 Montego Bay Blvd – 3/2 | 1,565 sf | Lot: 5,924 sf | Built: 1990 | Sold $340,000 ($217/sf) | 12/29/2025 | ~0.3 miles away (Immediate subdivision baseline, much smaller footprint)
3. 2666 Capp Cir – 3/2 | 1,896 sf | Lot: 11,325 sf | Built: 1988 | Sold $365,000 ($193/sf) | 12/16/2025 | ~4 miles away (Included for larger size & older build year comparison)

💰 ARV Analysis

It is extremely rare to find older, renovated homes in this specific zip code that doesn’t have a private pool, as the area is heavily zoned for short-term vacation rentals where pools were standard additions. By strictly filtering out homes built after 2000 and strictly removing homes with pools, the market data establishes a clear floor: smaller 3/2 homes (1,400–1,500 sq. ft.) in the immediate vicinity like those on Ellery Ln and Montego Bay Blvd are consistently trading between $340,000 and $345,000.

Because your subject property boasts a much larger interior footprint (2,243 sq. ft.), an additional 4th bedroom, and sits on a sprawling, non-HOA lot (15,681 sq. ft.) that is double the size of the nearby comps, a fully modernized, high-end renovation will command a strong premium over those smaller baselines. Targeting primary homebuyers who want expansive space without pool maintenance supports an exit right around the $400k mark.

Estimated ARV: $395,000 – $420,000 +/-

Projected Rent: $2,400 – $2,800/mo